Unemployment among both residents and citizens was up, with that for residents hitting 3.3% in 1Q20, from 3.2% in 4Q19. Meanwhile, the rate for Singaporeans rose to 3.5%, from 3.3% in the preceding quarter.
SINGAPORE (Apr 29): Singapore’s seasonally-adjusted unemployment rate rose a smidgen 0.1 percentage points in 1Q20 ended March, continuing the softer labour market conditions of 2019.
The city-state’s unemployment rate rose to 2.4% in 1Q20, ahead of the 2.3% recorded in the preceding quarter ended December 2019. This was revealed in the preliminary numbers released by the Ministry of Manpower (MOM) in its Labour Market Report, on Thursday.
